India’s industrial output shrinks at fastest rate in more than six years

NEW DELHI: India’s industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic...

Trade deficit shrinks 35pc to $5.72bn 

ISLAMABAD: With a slight increase in exports and a significant decrease in imports, the overall trade deficit in the first quarter of...

US-China talks resume as hopes for mini-deal rise

WASHINGTON: Chinese and US trade officials resumed bargaining efforts on Friday as optimism grew for the two sides to reach an interim agreement...

‘Dubai Land Department to provide details of Pakistani property owners’

Federal Board of Revenue Chairman Syed Shabbar Zaidi said on Friday that the tax authority has held a very productive meeting over...

Stocks extends rally, KSE-100 closes 447 points higher

KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) once again on Friday, as the indices remained in the green zone throughout the session...

Renault ousts CEO in post Ghosn-era reset

PARIS: Renault's board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh...

US, China resume high-level talks to end grueling trade war

WASHINGTON: Top US and Chinese negotiators met on Thursday for the first time since late July to try to find a way out...

‘Efforts underway to automate banking sector’

The State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday said that the administration is striving hard to automate the...

Steps being taken to curtail smuggling from Afghanistan, Senate panel told

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday admitted that a large number of LED TVs were still being smuggled into...

SBP reserves increase $16m to stand at $7.75bn

The foreign exchange reserves held by the central bank inched up by 0.21pc on a weekly basis, according to data released by...

PSM losses increase by Rs48bn in last 13 months

ISLAMABAD: Despite a request from the Pakistan Steel Mills (PSM) board of directors, the government has so far failed to appoint a...

Facilitation of industrial sector among top govt priorities: PM

Prime Minister Imran Khan said on Thursday that economic stability was the topmost priority of his government, as it would create opportunities...

What makes TCL the best-selling smart TV brand in Pakistan?

LAHORE: Chinese products are flooding the Pakistani market and outperforming their well-established rivals. One of these brands is TCL Electronics, which has knocked...

Remittances drop $79m in three months FY20

KARACHI: The State Bank of Pakistan (SBP) has said that the overseas Pakistani workers remitted $5,478.11 million in the first three months (July...

UK-Pak business conference to be held in December

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Saboor Malik said on Thursday that the chamber would organise a UK-Pakistan "business...